E-book author parlays DIY success into major deal

By Tara Bannow

Associated Press

Published: Thursday, March 24 2011 2:26 p.m. MDT

In this March 11, 2011 photo, author Amanda Hocking, left, 26, sits in her home in Austin, Minn. Trying to make it as a writer, Hocking stumbled across a promising new business model for aspiring authors: self-publishing and marketing through e-booksellers.

Robb Long, Associated Press

AUSTIN, Minn. — For more than five years, Amanda Hocking spent her days tending to disabled adults, making their meals and cleaning up after them. When she got home, she would crack open a can of Red Bull and start typing away at her novels.

Her effort to make it as a writer was at least as grinding as her day job, with countless rejections from book agents before Hocking stumbled across a promising new business model for aspiring authors: self-publishing and marketing through e-booksellers.

A little more than a year later, Hocking's novel "Switched" sits at No. 41 on USA Today's list of top 150 best-selling books — just a few notches below such major juggernauts as James Patterson and Maeve Binchy. Hocking's books also occupy slots 54, 57, 114 and 149 on the list, and on Thursday, the publishing world finally caught up when the 26-year-old college dropout signed a four-book deal with St. Martin's Press.

Hocking said the first book in a new "Watersong" series was slated for release in fall 2012. She declined to release details of the deal. St. Martin's Press confirmed the deal but would not comment further.

During an interview, the author was coy about discussing publishing deals before finally coming clean about her relationship with St. Martin's. She's only written one of the four books in the 'Watersong' series, and won't say what it's about yet, although it's in the same paranormal romance vein as her other books.

Aimed at young adults, Hocking's books occupy the same territory as the enormously popular "Twilight" books by Stephenie Meyer. Hocking has written about vampires, zombies and trolls — a strategic decision that she says she made after scanning the shelves at Wal-Mart.

"I like vampires and they're popular," Hocking said. "So I thought, 'Why not write about them?'"

She has sold her books on such sites as Amazon's Kindle Store and Barnes & Noble's NOOKbooks at prices ranging from 99 cents to $2.99. Hocking keeps up to 70 percent of the sales.

She sold a few hundred books last May, and the numbers slowly grew to a few thousand before spiking to more than 100,000 in December. Monthly sales reports Hocking provided to The Associated Press showed more than 333,000 sold in January and another 300,000 in February, enough to back her claim to have sold between $1.4 million to $2 million in e-books.

E-book sales have taken off along with sales of electronic reading devices. The Yankee Group, a Boston research firm, estimates e-book sales will generate $2.3 billion in revenue in the U.S. by 2013, nearly nine times that of 2009.

The vast majority of self-published authors never catch on beyond family and friends, but Hocking isn't the only writer to thrive outside the mainstream. Crime novelist John Locke has four of the top 10 sellers, all of them priced at 99 cents, on the Kindle e-book list. The books were released through Telemachus Press, "a for hire author services company" that charges writers to package and publish their work. Steven H. Jackson, a partner at Telemachus, said Locke's work has sold more 500,000 copies this year, helped by the low cost and word of mouth.

"The important thing is to get your work out," Jackson said. "If you price your books at 99 cents, you get websites that say, 'Hey, good reads for under a dollar.' And then word starts to get out."

Alok Gupta, a University of Minnesota marketing professor, said low pricing is critical to e-book success. Authors who do well tend to price their books around 99 cents and do high volume, he said. They also piggyback on popular topics.

Hocking was making $12,000 a year working at the group home, but she quit last August to focus on writing. She said she spends eight to 12 hours each day writing, most of it after dark.

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